Finance & markets · 01/07/2019

FDIC Adopts Final Rule to Remove Lending and Investment Regulations, Amend Real Estate Lending Standards

The Federal Deposit Insurance Corporation (FDIC) is rescinding and removing outdated regulations on lending and investment, while also updating real estate lending standards to apply to all insured depository institutions, following the transfer of supervision authority to the Consumer Financial Protection Bureau under the Dodd-Frank Act.